Here's Why Aptiv PLC (APTV) is a Strong Value Stock

Core Insights - The article emphasizes the importance of utilizing Zacks Premium for investors to enhance their stock market strategies and confidence [1] Zacks Style Scores - Zacks Style Scores are complementary indicators that rate stocks based on value, growth, and momentum characteristics, helping investors identify stocks likely to outperform the market in the next 30 days [2] - Each stock is rated from A to F, with A indicating the highest potential for outperformance [2] Value Score - The Value Score focuses on identifying undervalued stocks using ratios such as P/E, PEG, Price/Sales, and Price/Cash Flow, appealing to value investors [2] Growth Score - The Growth Score assesses a company's financial strength and future outlook, considering projected and historical earnings, sales, and cash flow to find stocks with sustainable growth [3] Momentum Score - The Momentum Score identifies optimal times to invest based on price trends and earnings outlook changes, emphasizing the importance of following market trends [3] VGM Score - The VGM Score combines all three Style Scores, providing a comprehensive indicator that evaluates stocks based on value, growth, and momentum [4] Zacks Rank - The Zacks Rank is a proprietary stock-rating model that leverages earnings estimate revisions to guide investors in building successful portfolios, with 1 (Strong Buy) stocks achieving an average annual return of +25.41% since 1988, significantly outperforming the S&P 500 [5] - There are over 800 top-rated stocks available, making it essential for investors to select those that align with their investment strategies [5] Stock to Watch: Aptiv PLC (APTV) - Aptiv PLC is a leading global technology and mobility company serving the automotive sector, specializing in vehicle components and providing advanced safety and autonomous driving technologies [7] - APTV holds a 1 (Strong Buy) rating on the Zacks Rank and has a VGM Score of B, with a Value Style Score of A due to a forward P/E ratio of 12.52, indicating strong valuation metrics [7] - In the last 60 days, eight analysts have raised their earnings estimates for fiscal 2024, with the Zacks Consensus Estimate increasing by $0.34 to $6.01 per share, and APTV has an average earnings surprise of 12.2% [7][8]